Modeling Automation

Modeling automation as factor-augmenting technological change has unappealing implications. Instead, modeling it as the process of machines replacing tasks previously performed by labor is both descriptively realistic and leads to distinct and plausible predictions. In contrast to factor-augmenting...

Full description

Bibliographic Details
Main Authors: Acemoglu, K. Daron, Restrepo, Pascual
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:English
Published: American Economic Association 2020
Online Access:https://hdl.handle.net/1721.1/125740

Similar Items